Income Tax, ITR & TDS 2023

About Course

This course will guide you in learning of Income tax in detail with conceptual as well as practical knowledge of Filing ITR 1, 2, 3, 4, ITR-U and Quarterly TDS and TCS Returns in a very easy to understand language.

Content of Course :

Day wise Schedule of Course :

VIDEO	TOPIC
DAY 1	Know of Income Tax – Basics Basic of Income Tax Types of Taxes Important Definitions Previous Year and Assessment Year Residential Status Gross Total Income vs Total Income Income tax Slab Rates for Individual Income tax Slab Rates for HUF Income tax Slab Rates for Partnership Firm Income tax Slab Rates for Limited Liability Partnership (LLP) Income tax Slab Rates for Companies Income tax Slab Rates for Co-operative Societies Income tax Slab Rates for Association of Persons Income tax Slab Rates for Trusts New Tax Slab Rates section 115BAC Old Tax Slab Rates Surcharge, Rebate, HEC Marginal Relief Agriculture Income ITR & Audit due dates
DAY 2 & 3	Income From Salary Introduction Basis of Charge of Income from Salaries All Allowances All Retirement Benefits Profit in lieu of salary All Perquisites Deductions Relief u/s 89 for Arrear of Salary and 89A (Form 10E, 10EE) Form 10IE Computation of Income From Salary How to show income from salary, pension, exemption, perquisites etc. in ITR (practical training)
DAY 4	Income From House Property Basis of charge of Income from House Property Gross Annual Value Deductions from Rental Incomes (Section 24) Interest on borrowed capital with PCP Special aspects – Arrear of Rent Received Special aspects – Co ownership Computation of Income from House Property Deemed owner Composite Rent How to show income from House property in ITR (practical training)
DAY 5 & 6	Income From Capital Gain Basis of Charge of Capital Gains Meaning & Concepts of Capital Asset Transaction not regarded as Transfer Computation of Capital Gain Short Tern & Long Term Capital Gain Cost of Acquisition Cost of Improvement Deemed Transfer Full value of consideration Slump Sale Capital gain on Sale of Shares Capital gain on sale of other assets Indexed Cost of Acquisition / Improvement Exemptions from Capital Gain (Section 54) How to show profit/loss from sale of shares and other assets in ITR (practical training)
DAY 7 & 8	Income From Business & Profession (This head is explained practically with respect to auditor point of view also) Introduction Basis of Charge of Profits and Gains of Business or Profession (Sec.28 to 44) Allowability/Deduction of Expenditure (practical coverage with perspective of auditor in ITR) Compulsory maintenance of books of accounts (Sec.44AA) COMPULSORY AUDIT OF ACCOUNTS- SEC. 44AB Depreciation Section 35, donation/expense on scientific research Inadmissible Expenditure Presumptive Tax- Section 44AD, 44ADA, 44AE Alternate Minimum Tax How to show income from Business and profession in ITR with F&O business, Intraday trading business etc. (practical training)
DAY 9	Income from Other Sources Basis of Charge of Income from Other Sources Dividend, Interest Income Winning from Lotteries, Crossword puzzles, Horse Races and card games etc. (Also known as casual Income) Taxability of Gifts Family pension Deductions u/s 57, 58,59 Computation of Income from Other Sources How to show this in ITR (practical training)
DAY 9	Clubbing of Income – Situations in which clubbing of Provisions are attached Income transfer with transfer Asset Revocable transfer of Asset Payment to Spouse from Concern in which Individual has substantial interest Transfer to Spouse Transfer to Son’s Wife Transfer for benefit of Spouse / Son’s Wife Minor Income Income from Concern in which Substantial Interest exists – Other Aspects of Clubbing of Income Set off and Carry forward of Losses – Current Year Loss With in same source Any Head – Brought Forward Loss Loss from Property Business Loss Unabsorbed Depreciation Capital Loss Loss under Other Sources How to show in ITR (practical training)
DAY 10	Deductions under Chapter VI-A 80 C – LIC, School Fee, NSC, PF, Housing Loan cost, FD etc. Section 80CCC: Contribution to Certain Specified Pension Funds Section 80CCD : Contribution to Pension scheme of central govt./New Pension scheme/Atal Pension Yojna 80 D – Mediclaim (Self, Parents, Preventive Health Checkup etc. 80 DD / 80 U – Disability of Assessee / Dependent 80 DDB – Medical Treatment 80 E – Interest on Education Loan 80 EE – Interest on Loan for Specified House Property 80 EEA – Interest on Loan taken for Certain House Property 80 EEB – Interest on Loan taken for Purchas of Electric Vehicle 80 G – Donation to Approved fund and Charitable Institutions 80 GG – Rent paid no HRA 80 GGA – Donation to Research Institutions etc. 80 GGB, 80GGC – Deduction to Political Parties etc. 80 QQB – Royalty on Books 80 RRB – Royalty on Patents 80 TTA – Interest on Saving Account Deposits 80TTB – Interest on Deposits in case of Senior Citizens Section 80U: Deduction for handicapped Assessee How to show Deductions in ITR (practical training)
DAY 11	Advance Tax & Interest Advance Tax Interest for Delay in Return Filing Interest for Non payment / Short payment of Advance Tax Interest for Deferment of Advance Tax Installments Persons exempted form Income tax Return Filing
DAY 13 & 14	Income Tax Returns filing Live Training ITR 1 ITR 2 ITR 3 ITR 4 ITR U
DAY 12	Complete coverage of TDS and TCS with return filing, correction, form 16 & 16A download, TDS or property etc.

1. ITR-1 filing
2. ITR-2 filing
3. ITR-3 filing
4. ITR-4 filing
5. ITR-U
6. TDS returns
7. F&O
8. Intraday Trading
9. Relief u/s 89 (form 10E)
10. Relief u/s 89A (Form 10EE)
11. Form 10IE
12. Income Tax slab rate
13. Computation of Income
14. Understanding of Income Tax Act & Rules, Finance act etc.
15. 26A, AIS
16. TDS and TCS Basics
17. TDS and TCS All Sections
18. TDS Rates Chart
19. TCS Rates Chart
20. TDS TCS CHALLAN FORMAT - 281
21. Code for TDS TCS Challan Payment - 281
22. New Income Tax Slab Rates
23. Old Income Tax Slab Rates
24. TDS on Property Basic
25. 26QB Detailed Required Format
26. Form 27EQ Excel Format (Get data in this format from clients)
27. Form 26Q Excel Format (Get data in this file from clients)
28. Form 24Q Excel Format (Get data in this file from clients)
29. Form 27Q Excel Format (Get data in this file from clients)
30. Salary Formula Excel Sheet etc.

Course Content

Know of Income Tax – Basics

Know of Income Tax – Basics

01:58:35
Tax Rates for F.Y. 2022-23 & A.Y. 2023-24

31:42
ITR & Audit Due Dates

04:27
Income Tax Rates F.Y. 2023-24 & A.Y. 2024-25

22:04

Income From Salary

Income from House Property

Income from Capital Gain

INCOME FROM PGBP

Income from Other Sources, Set off and Carry forward, Advance tax, Interest, Late fee, ITR basics

Taxation of Virtual Digital Assets & treatment in ITR – Crypto currency

Deduction under Section 80 (Chapter VI A)

TDS & TCS

TDS on Salary with Slab rate of A.Y. 23-24 and A.Y. 24-25 and Examples and Practical Case Study

ITR-1 & ITR-4 LIVE FILING

ITR-2 & ITR-3 LIVE FILING

Detailed and Practical Coverage of TDS and TCS

TDS Conceptual Clarity

33:44
How to Apply for TAN

12:46
New TAN Registration Process on Income tax Portal

10:12
How to Register and Active TAN on Traces

06:41
Know PAN for TDS

06:11
Sec 192 TDS on Salary

06:33
Sec 192A Pre mature withdrawal of Provident Fund

03:50
Section 192A change from 1 April 2023

00:57
Form 24Q Filing
Sec 194C TDS on Contractor

11:07
Sec 194D, 194H & 194G TDS on Commission

06:11
Sec 193 Interest on Securities

08:13
Section 193 change from 1 April 2023

01:49
Sec.194A TDS on Interest other than securities

09:27
Sec.194 TDS on Dividend

02:13
Sec.194B & BB TDS on Winnings

07:19
Section 194B & BB and new section 194BA changes from 1 April 2023

04:24
Detailed discussion of New Section 194BA TDS on online Gaming

17:03
Sec.194DA Payment of Maturity amount of life insurance premium

05:08
Sec.194E Payment to non-resident sportsmen or sports association or Entertainer

03:07
Sec.194EE National Saving Scheme

01:07
Sec.194F Payment on repurchase of Units by Mutual fund/UTI

00:44
Sec 194I TDS on Rent

03:47
Sec 194IB TDS on Rent by certain individuals with Filing of 26QC

11:42
Sec 194IC Payment under Joint Development Agreement

02:18
Section 194IC change from 1 April 2023

02:02
Sec 194J TDS on Professional services

04:52
Sec 194LA Compensation on compulsory acquisition of immovable property

01:46
Sec 194K TDS on contract , commission or brokerage or Fee for Professional service

01:10
Sec 194M TDS on Certain Payments

06:33
Sec 194N TDS on Cash withdrawal

13:02
Section 194N change from 1 April 2023

01:22
Sec 194O TDS on E Commerce

10:41
Sec 194P Pension (along with interest on bank account)

02:04
Sec 194Q TDS on Purchase of Goods

04:10
Sec 194R TDS on Perquisites

15:28
Sec 194S TDS on Virtual Digital Assets & Challan 26QE

07:49
TCS All Sections (Complete Concept clarity – TCS on Certain Goods, TCS on Sale of Goods, TCS on Motor Vehicle, TCS on Lease of Parking, Toll plaza, TCS on Foreign Remittance)

37:12
TCS changes from 1 April 2023

01:48
Form 26Q Filing

36:17
Form 27EQ Filing

46:34
Correction of TDS returns

32:30
Form 16, 16A Download

13:27
Section 195 TDS of Non Resident

06:18
Form 27Q Filing

18:39
How to Pay TDS and TCS online

09:15
How to download CSI File

03:30
How to Download TDS RPU Free Utility

03:57
How to Upload TDS and TCS Return Online

07:09
How to do Oltas challan correction

08:37
How to Register DSC on Traces

04:16
How to download justification report

12:08
How to do offline correction in TDS and TCS return

16:33
24Q filing

22:20
New way to pay TDS/TCS and download CSI file

09:56
New way to pay TDS and TCS w.e.f. 1st April 2023

07:00

TDS on Purchase of Goods (Section 194Q)

TCS on Sales of Goods

Section 194IA TDS on Sale of Property

TDS on Property (Detailed Concept Clarity)

39:21
Live filing of 26QB

13:30
Register and Login on Traces website through PAN

08:11
Correction in Form 26QB through Traces (in case of any mistake)

17:34
Correction in Form 26QB through Internet Banking (in case of any mistake)

02:18
How to download form 16B

05:49
TDS on Sale of Property by NRI (Concept Clarity)

07:15
How to apply for Lower deduction Certificate in case of Seller is NRI (Form 13)

15:46
New way to pay TDS on property 26QB w.e.f. 1st April 2023

05:18

About Course

Content of Course :

What Will You Learn?

Course Content

Know of Income Tax – Basics

Know of Income Tax – Basics

Tax Rates for F.Y. 2022-23 & A.Y. 2023-24

ITR & Audit Due Dates

Income Tax Rates F.Y. 2023-24 & A.Y. 2024-25

Income From Salary

Income From Salary Part 1

Income from salary Part-2

Income from House Property

Income from House Property

Income from Capital Gain

Income from Capital Gain Part 1

Income from Capital Gain Part 2

INCOME FROM PGBP

INCOME FROM PGBP PART 1

INCOME FROM PGBP PART 2

Income from Other Sources, Set off and Carry forward, Advance tax, Interest, Late fee, ITR basics

Income from Other Sources, Set off and Carry forward, Advance tax, Interest, Late fee, ITR basics

Taxation of Virtual Digital Assets & treatment in ITR – Crypto currency

Taxation and Treatment in ITR

Deduction under Section 80 (Chapter VI A)

Deduction under section 80 (Chapter VI A)

TDS & TCS

TDS & TCS

TDS on Salary with Slab rate of A.Y. 23-24 and A.Y. 24-25 and Examples and Practical Case Study

TDS on Salary with Slab rate of A.Y. 23-24 and A.Y. 24-25 and Examples

Practical Case Study – Salary Calculation with TDS – A.Y. 23-24

Practical Case Study – Salary Calculation with TDS – A.Y. 24-25

ITR-1 & ITR-4 LIVE FILING

ITR-1 & ITR-4 Live filing FY 2021-22

ITR-1 filing with Excel utility for F.Y. 2022-23

ITR-4 filing Online FY 2022-23

ITR-1 filing online F.Y. 2022-23 A.Y. 2023-24

ITR-2 & ITR-3 LIVE FILING

ITR-2 & ITR-3 (with stock market income or loss) LIVE FILING

ITR 2 FILING FY 2022-23 WITH EXCEL UTILITY

ITR 2 filing online FY 2022-23 & AY 2023-24

Detailed and Practical Coverage of TDS and TCS

TDS Conceptual Clarity

How to Apply for TAN

New TAN Registration Process on Income tax Portal

How to Register and Active TAN on Traces

Know PAN for TDS

Sec 192 TDS on Salary

Sec 192A Pre mature withdrawal of Provident Fund

Section 192A change from 1 April 2023

Form 24Q Filing

Sec 194C TDS on Contractor

Sec 194D, 194H & 194G TDS on Commission

Sec 193 Interest on Securities

Section 193 change from 1 April 2023

Sec.194A TDS on Interest other than securities

Sec.194 TDS on Dividend

Sec.194B & BB TDS on Winnings

Section 194B & BB and new section 194BA changes from 1 April 2023

Detailed discussion of New Section 194BA TDS on online Gaming

Sec.194DA Payment of Maturity amount of life insurance premium

Sec.194E Payment to non-resident sportsmen or sports association or Entertainer

Sec.194EE National Saving Scheme

Sec.194F Payment on repurchase of Units by Mutual fund/UTI

Sec 194I TDS on Rent

Sec 194IB TDS on Rent by certain individuals with Filing of 26QC

Sec 194IC Payment under Joint Development Agreement

Section 194IC change from 1 April 2023

Sec 194J TDS on Professional services

Sec 194LA Compensation on compulsory acquisition of immovable property

Sec 194K TDS on contract , commission or brokerage or Fee for Professional service

Sec 194M TDS on Certain Payments

Sec 194N TDS on Cash withdrawal

Section 194N change from 1 April 2023

Sec 194O TDS on E Commerce

Sec 194P Pension (along with interest on bank account)

Sec 194Q TDS on Purchase of Goods

Sec 194R TDS on Perquisites

Sec 194S TDS on Virtual Digital Assets & Challan 26QE

TCS All Sections (Complete Concept clarity – TCS on Certain Goods, TCS on Sale of Goods, TCS on Motor Vehicle, TCS on Lease of Parking, Toll plaza, TCS on Foreign Remittance)